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In his essay China Goes Global Stephen Rhinesmith， one of the world’s top experts on global leadership wrote： “No doubt， China is going global and China’s youth is quickly picking up new and higher goals. But it will take some years to have the quality and quantity of the workforce needed.”
Tourists visiting China may notice that in most international hotels position from middle management up are still mostly held by overseas Chinese or by Chinese from Hong Kong or Taiwan. The reason as Rhinesmith writes is that “Chinese face a huge deficit of leadership talent with international experience and understanding of the rest of the world.”
China Daily estimated that China will need 75，000 business leaders to manage the country’s growth by 2015.
Growth that according to China’s development strategy will increasingly be achieved by focusing on innovative products. And while many in the West China is still perceived as an imitator and copier of other countries’ innovations， China is beginning to show real innovation leadership. A revolution in E-commerce has supported that goal. And so do Chinese universities， which are playing a growing role in the local innovation ecosystem； globally recognized scientific journals are increasingly filled with contributions from leading Chinese researchers.
In a recent article on “The forces forging China’s future” McKinsey consultancy sees the E-commerce revolution as a driver of “China’s surprisingly well-oiled innovation engine” and is convinced that China long perceived as the imitator “is starting to show real innovation leadership… and the emergence of a new generation of young Chinese graduates.”
In our research on Innovation in China we had the opportunity to interview Bian Cheng Gang， General Manager of Intel and other members of his executive team. Intel has celebrated its 10th year in Chengdu in June. Intel Chengdu is one of Intel’s biggest chip assemblers and test centers in the world， where investment has reached US$ 600 million. With a presence of almost 30 years in China Intel has experienced the changes in China’s business environment and in the changes in workforce available. Mr. Bian， just as McKinsey writes in its report， thinks that by comparison to the old fashioned， hierarchy driven thinking China’s youth is more thoughtful and engage in the world， not like old fashioned Chinese who are caught in hierarchical thinking patterns. “The new generation is much more individualized， independent and engaged in production processes and how they can add value.”
Tourists visiting China may notice that in most international hotels position from middle management up are still mostly held by overseas Chinese or by Chinese from Hong Kong or Taiwan. The reason as Rhinesmith writes is that “Chinese face a huge deficit of leadership talent with international experience and understanding of the rest of the world.”
China Daily estimated that China will need 75，000 business leaders to manage the country’s growth by 2015.
Growth that according to China’s development strategy will increasingly be achieved by focusing on innovative products. And while many in the West China is still perceived as an imitator and copier of other countries’ innovations， China is beginning to show real innovation leadership. A revolution in E-commerce has supported that goal. And so do Chinese universities， which are playing a growing role in the local innovation ecosystem； globally recognized scientific journals are increasingly filled with contributions from leading Chinese researchers.
In a recent article on “The forces forging China’s future” McKinsey consultancy sees the E-commerce revolution as a driver of “China’s surprisingly well-oiled innovation engine” and is convinced that China long perceived as the imitator “is starting to show real innovation leadership… and the emergence of a new generation of young Chinese graduates.”
In our research on Innovation in China we had the opportunity to interview Bian Cheng Gang， General Manager of Intel and other members of his executive team. Intel has celebrated its 10th year in Chengdu in June. Intel Chengdu is one of Intel’s biggest chip assemblers and test centers in the world， where investment has reached US$ 600 million. With a presence of almost 30 years in China Intel has experienced the changes in China’s business environment and in the changes in workforce available. Mr. Bian， just as McKinsey writes in its report， thinks that by comparison to the old fashioned， hierarchy driven thinking China’s youth is more thoughtful and engage in the world， not like old fashioned Chinese who are caught in hierarchical thinking patterns. “The new generation is much more individualized， independent and engaged in production processes and how they can add value.”